Category: Economy
The emergence of “block constructors” in Ethereum may lead to network centralization – Bloomberg
After the transition of Ethereum to the Proof-of-Stake algorithm, new participants will appear in its network – block constructors. Their appearance will change the entire decision-making structure in the Ethereum network, Bloomberg analysts report. There are currently two stakeholders in the ETH network: users and miners. The former pay a fee to have their transactions processed by the latter. Those respectively place transactions in blocks … Continue reading The emergence of “block constructors” in Ethereum may lead to network centralization – Bloomberg
NDTV says Adani will need approval from Indian regulator for bid
NDTV founders look to stymie hostile takeover bid amid concerns over media freedom. By Chris KayBloomberg Published On 25 Aug 202225 Aug 2022 New Delhi Television Ltd. said the Adani Group, will need approval from India’s markets regulator for its hostile takeover bid, amid wider concerns that the acquisition may muzzle the country’s independent press. The conglomerate, led by Asia’s richest person Gautam Adani, needs approval … Continue reading NDTV says Adani will need approval from Indian regulator for bid
The Starlink terminal was hacked
Belgian engineer Lennert Wouters hacked the Starlink signal receiving terminal using improvised tools. This is reported by Wired. According to the expert, to gain access, he purchased a Starlink terminal and disassembled the satellite dish using a heat gun, hand tools worth about $25 and alcohol. The engineer removed the motherboard from the device and based on it printed a new one with a connected … Continue reading The Starlink terminal was hacked
The media called the country that prevented the collapse of the Russian economy
In the first half of the year, the export of Turkish goods to Russia reached a maximum over the past eight years, the journalists found. Turkey, pursuing its own interests, prevented the West from completely isolating the Russian economy. About this on Friday, August 12, Bloomberg writes. According to the publication, in the first half of the year, the export of Turkish goods to Russia … Continue reading The media called the country that prevented the collapse of the Russian economy
With Tesla stock sale Musk cashes up for Twitter
Tesla chief sold nearly $7bn worth of shares to avoid an emergency sale in case he is forced to complete Twitter deal. Tesla Inc Chief Executive Officer Elon Musk sold $6.9bn worth of shares in the electric vehicle maker, tweeting it was important to avoid an emergency sale of Tesla stock amid a legal showdown with Twitter Inc over a $44bn takeover deal. Musk sold about 7.92 … Continue reading With Tesla stock sale Musk cashes up for Twitter
Zelenskyy visits port as Ukraine prepares to ship out grain
Ukraine’s president says grain vessels at Black Sea port loaded as crews await signal for departure of first shipment. Ukrainian President Volodymyr Zelenskyy has visited a Black Sea port as crews prepared terminals to export grain trapped by Russia’s five-month-old war, work that was inching forward a week after a deal was struck to allow critical food supplies to flow to millions of impoverished people facing hunger … Continue reading Zelenskyy visits port as Ukraine prepares to ship out grain
Russia gas cuts stoke Asia’s energy security fears
Analysts say disruptions to Nord Stream 1 pipeline could accelerate move away from liquified natural gas in the region. Taipei, Taiwan – The latest cut in Russian natural gas flows to Europe threatens to further destabilise energy security in Asia and could accelerate a move away from liquified natural gas (LNG) in the region, experts say. On Wednesday, Russia’s state-run energy giant Gazprom cut gas supplies to … Continue reading Russia gas cuts stoke Asia’s energy security fears
Sprite is ditching its iconic green bottle — but environmentalists say it’s not enough
On left, the classic green Sprite bottle. On the right, the new clear bottle. Alex Tai/SOPA Images/LightRocket via Getty Images; The Coca-Cola Co. For more than 60 years, the soft drink Sprite has come packaged in iconic green bottles. Now, that era has come to an end. Starting Aug. 1, the Coca-Cola Co., which produces Sprite, will package the lemon-lime drink in clear plastic bottles … Continue reading Sprite is ditching its iconic green bottle — but environmentalists say it’s not enough
KitKat maker Nestle puts up prices again
KitKat maker Nestle has put up its prices again due to “unprecedented” increases in costs. The Swiss food giant said it had increased prices by 6.5% in the first half of this year. McDonald’s and Coca-Cola also announced price rises this week. Companies are facing increased costs for things like fuel, wages and ingredients, with consumer prices rising at their fastest rate for 40 years. … Continue reading KitKat maker Nestle puts up prices again
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